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In fact, we can “print more money” and that’s pretty much what the Fed has been doing on and off since 1998 by keeping interest rates abnormally low. The excessive flow of money has been largely responsible for the two recent “bubbles” our economy–stocks in the late 90’s and home prices now. As you may recall, when they tried to reverse this policy in 2000, the stock bubble blew up. Now they are trying again. We’ll see if it works out better this time.
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September 25th, 2005 at 9:12 am
Be a bit broader, add “Recall the troops in Iraq.” From what I’m reading in the news, there is a lot of sentiment for that option.
September 25th, 2005 at 9:31 am
OK, Honcho, your choice of wording was better than mine.
September 25th, 2005 at 12:00 pm
A good place to start would be to cancel all the “pork” spending.
September 27th, 2005 at 3:55 am
Reduce the pork. No more tax cuts. Take back some tax cuts to the .1% of the richest people. And we might get enough $ dough.
September 27th, 2005 at 11:31 pm
In fact, we can “print more money” and that’s pretty much what the Fed has been doing on and off since 1998 by keeping interest rates abnormally low. The excessive flow of money has been largely responsible for the two recent “bubbles” our economy–stocks in the late 90’s and home prices now. As you may recall, when they tried to reverse this policy in 2000, the stock bubble blew up. Now they are trying again. We’ll see if it works out better this time.